A keiretsu (系列, is a set of companies with interlocking business relationships and shareholdings. It is a type of business group.
The major keiretsu were each centered around one bank, which lent money to the keiretsu's member companies and held equity positions in the companies as well. Each central bank had great control over the companies in the keiretsu and acted as a monitoring entity as well as an emergency bail-out entity. One effect of this structure was to minimize the presence of hostile takeovers in Japan, because no entities could challenge the power of the banks.
Arcelor's latest move to fend off Mittal's hostile bid has seen the company tie-up Rusian steel czar, Severstal. this is the best example for KEIRETSU.
IF EU charter is all based on equality of these sorts, then NEE-NON is what France, and other countries deserve.
The major keiretsu were each centered around one bank, which lent money to the keiretsu's member companies and held equity positions in the companies as well. Each central bank had great control over the companies in the keiretsu and acted as a monitoring entity as well as an emergency bail-out entity. One effect of this structure was to minimize the presence of hostile takeovers in Japan, because no entities could challenge the power of the banks.
Arcelor's latest move to fend off Mittal's hostile bid has seen the company tie-up Rusian steel czar, Severstal. this is the best example for KEIRETSU.
IF EU charter is all based on equality of these sorts, then NEE-NON is what France, and other countries deserve.
